IHT Wealth Management has joined LPL Financial’s RIA custodial platform.

Based in Chicago, IHT is a new independent financial advisory firm and hybrid RIA founded by firm President Steven Dudash.

The firm manages about $592 million and consists of six financial advisors and four administrative staff.

IHT says it focuses on providing holistic, customized wealth management strategies to mass-affluent and high-net-worth clients with investable assets ranging from $250,000 to $10 million and up.

The firm says it plans to open two more offices in the metropolitan Chicago area and hopes to attract experienced advisors seeking a succession plan.

“We are excited about launching IHT as an alternative environment for advisors and we are extremely pleased with the exceptional support we have received from LPL,” said Dudash. “We will provide a high level of service free from legacy costs, combined with a capacity for unbiased objectivity.”